Impact of environmental and social attitudes, and family concerns on willingness to pay for improved air quality: a contingent valuation application in Mexico City

Filippini, Massimo; Martínez-Cruz, Adán L.

doi:10.1007/s40503-016-0037-y

Cited by 22 publications

(13 citation statements)

References 48 publications

(40 reference statements)

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“…This is rife in numerous international based studies. In the Latin American context, a number of studies have examined the relationship between air quality and property value (Filippini and Martínez-Cruz, 2016). In Columbia, and primarily the J o u r n a l o f E u r o p e a n R e a l E s t a t e R e s e a r c h Bogotá region, Carriazo, Ready, and Shortle (2013) developed a hedonic price approach to estimate the value for an improvement in air quality based on rental property values.…”

Section: Literaturementioning

confidence: 99%

Examining the spatial relationship between environmental health factors and house prices

McCord

MacIntyre

Bidanset³

et al. 2018

JERER

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Purpose Air quality, noise and proximity to urban infrastructure can arguably have an important impact on the quality of life. Environmental quality (the price of good health) has become a central tenet for consumer choice in urban locales when deciding on a residential neighbourhood. Unlike the market for most tangible goods, the market for environmental quality does not yield an observable per unit price effect. As no explicit price exists for a unit of environmental quality, this paper aims to use the housing market to derive its implicit price and test whether these constituent elements of health and well-being are indeed capitalised into property prices and thus implicitly priced in the market place. Design/methodology/approach A considerable number of studies have used hedonic pricing models by incorporating spatial effects to assess the impact of air quality, noise and proximity to noise pollutants on property market pricing. This study presents a spatial analysis of air quality and noise pollution and their association with house prices, using 2,501 sale transactions for the period 2013. To assess the impact of the pollutants, three different spatial modelling approaches are used, namely, ordinary least squares using spatial dummies, a geographically weighted regression (GWR) and a spatial lag model (SLM). Findings The findings suggest that air quality pollutants have an adverse impact on house prices, which fluctuate across the urban area. The analysis suggests that the noise level does matter, although this varies significantly over the urban setting and varies by source. Originality/value Air quality and environmental noise pollution are important concerns for health and well-being. Noise impact seems to depend not only on the noise intensity to which dwellings are exposed but also on the nature of the noise source. This may suggest the presence of other externalities that arouse social aversion. This research presents an original study utilising advanced spatial modelling approaches. The research has value in further understanding the market impact of environmental factors and in providing findings to support local air zone management strategies, noise abatement and management strategies and is of value to the wider urban planning and public health disciplines.

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Section: Literaturementioning

confidence: 99%

Examining the spatial relationship between environmental health factors and house prices

McCord

MacIntyre

Bidanset³

et al. 2018

JERER

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“…Among these, CBA is probably the most frequently used tool requiring environmental valuation [25]. For example, cost-benefit analysis based on contingent valuation for improved air quality conducted for Mexico City indicated that benefits from improved air quality surpass the costs of investing in hybrid buses [26].…”

Section: Ligus Mmentioning

confidence: 99%

Measuring the Willingness to Pay for Improved Air Quality: A Contingent Valuation Survey

Ligus¹

2018

Pol. J. Environ. Stud.

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“…Filippini et al [19] show that older respondents tend to report higher willingness to pay for improved air pollution. Buehn et al [20] further indicate that the elderlys' demand for environmental quality is higher than younger residents.…”

Section: Smog Consciousnessmentioning

confidence: 99%

Health Consciousness, Smog Consciousness and Chinese Elderly Migrant Workers’ Preferred Retirement Place

et al. 2017

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Abstract:Although those who migrated fairly early in the Chinese diaspora are reaching retirement age, their choice of retirement location will be affected by significant rural-urban disparities in medical insurance and service, pension, environment management, and public education. The lifestyle and savings for migrant workers over 45 years old are unique; they have received the wages of urban workers but are still tied to agricultural residential identities. A field survey of 173 elderly migrant workers in Xi'an examined the relationship between preferred place of retirement and health, smog, and health environmental consciousness. Among the sample, 70.5% preferred to return home for retirement; 16.8%, to stay away from home; and 12.7% had not yet considered where they would live in retirement. Based on regression results, migrant workers who were more concerned about their personal health, less concerned about the effects of city smog, who had property in rural areas and who were less educated were significantly more likely to say that they would return to rural areas for retirement. It is suggested that the narrowing the gap in retirement service and medical service between rural and urban areas could be an effective way for the government to deal with future retirement issues and provide equalized retirement services for elderly migrant workers.

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Impact of environmental and social attitudes, and family concerns on willingness to pay for improved air quality: a contingent valuation application in Mexico City

Cited by 22 publications

References 48 publications

Examining the spatial relationship between environmental health factors and house prices

Examining the spatial relationship between environmental health factors and house prices

Measuring the Willingness to Pay for Improved Air Quality: A Contingent Valuation Survey

Health Consciousness, Smog Consciousness and Chinese Elderly Migrant Workers’ Preferred Retirement Place

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